Sterling to Add Fixed Income Support to Risk & Margin Service
25 Abril 2024 - 1:00AM
Sterling Trading Tech (‘Sterling’), a leading global provider of
technology in order management, risk and margin, and trading, today
announced plans to support fixed income securities by the end of Q2
2024.
As Sterling grows its OMS and Risk & Margin System
offerings, this latest in a series of strategic initiatives across
the product suite advantages clients by extending Sterling Risk
& Margin’s (SRM) already broad and deep asset coverage. Current
covered assets include US and international equities and options;
US and international futures and futures options; FX, and
crypto.
In addition to its multi-asset coverage, SRM delivers advanced
analytics as a RaaS (Risk-as-a-Service) solution. This allows firms
to monitor client Reg T, portfolio margin and custom house policy
requirements in real-time and includes the ability to view advanced
post-execution risk analytics for US and global equities, options
and futures as well as secure FINRA reporting. Clients can also
combine Sterling's risk capability with its OMS.
Once delivered, Sterling clients will be able to view fixed
income securities in the SRM UI. This capability will allow them to
ascertain how the securities contribute to portfolio values and
margin requirements and, in addition, stress their fixed income
securities within interest rate shocks to determine their
contribution to portfolio risk. Sterling will use standard FINRA
margin requirements for fixed income securities, while allowing for
overrides at the company or account level.
Said Brian Saldeen, CFA, Senior Product Manager – Risk
& Margin, at Sterling: “Firms must have the tools to
effectively manage their risk across all asset classes. As yields
rise, we see more exposure from clients in the fixed income space.
We understand their need to measure and mitigate risk in a highly
regulated environment. Our approach accounts for asset
classes, risk exposure, and regulation in one service
offering.”
Continuing its commitment to innovation and excellence across
its product suite, Sterling will also expand capabilities to
include mutual funds later this year.
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About Sterling Trading Tech
Sterling Trading Tech is a leading provider of professional
trading technology solutions for the global equities, equity
options and futures markets. With over 100 clients including
leading brokers, clearing firms and prop groups in over 20
countries, Sterling provides solutions tailored to clients’ needs.
Sterling is committed to providing fast, stable technology along
with outstanding customer service. Sterling provides trading
platforms, OMS, and risk products to its clients. For more
information, please visit www.sterlingtradingtech.com.
Media Contact:
Magdalena Mayermagdalena.mayer@sterlingtradingtech.com(312)
346-9600
Magdalena Mayer
magdalena.mayer@sterlingtradingtech.com
(312) 346-9600